IME Weekly Report

More than 356 Million USD Worth of Commodities Traded on IME

Within the week ending on the 17th of September 2021, the IME witnessed trade of 1,865,000 tonnes of commodities with a total trading value of more than 356 million USD on its spot market.
More than 356 Million USD Worth of Commodities Traded on IME

 According to a report by the IME's international affairs and PR, there was 1,372,000 tonnes of commodities sold on the IME's metals and minerals trading floor valued at more than 142 million USD.

 Commodities sold on this floor included 1,023,000 tonnes of cement, 65,412 tonnes of steel, 6,520 tonnes of copper, 4,225 tonnes of aluminum, 180 tonnes of molybdenum concentrate, 21 tonnes of precious metals concentrate, 14,500 tonnes of zinc dust, 2 kg of gold bars, 12,000 tonnes of sponge iron and 250,000 tonnes of iron ore.

 Furthermore, the exchange saw on both domestic and export pits of its oil and petrochemical trading floor trade of 486,000 tonnes of commodities worth more than 210 million USD.

On this floor, customers purchased 246,000 tonnes of vacuum bottom, 55,899 tonnes of bitumen, 73,123 tonnes of polymeric products, 36,205 tonnes of chemicals, 85,000 tonnes of lube cut, 3,311 tonnes of base oil and 6,520 tonnes of sulfur.

 There was also 6,071 tonnes of commodities traded on the IME's side market.

Author: IME International Affairs

ID: 50076107

Published on: Saturday, September 18, 2021 00:00

Source: IME PR

View count: 15

Tuesday, October 19, 2021 19:24

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